| Other Income and Other Expense |
Other Income and Other Expense The following table provides detail of Pinnacle West’s consolidated other income and other expense (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | | | | | | | 2026 | | 2025 | | 2026 | | 2025 | | Other income: | | | | | | | | | | | | | | | | Interest income | | | | | | | | $ | 1,767 | | | $ | 4,260 | | | $ | 4,648 | | | $ | 10,256 | | | Investment gain — net (a) | | | | | | | | 6,801 | | | 6,504 | | | 8,593 | | | 17,488 | | | | | | | | | | | | | | | | | | Miscellaneous | | | | | | | | 4,528 | | | 1,340 | | | 4,836 | | | 1,821 | | | Total other income | | | | | | | | $ | 13,096 | | | $ | 12,104 | | | $ | 18,077 | | | $ | 29,565 | | | Other expense: | | | | | | | | | | | | | | | | Non-operating costs | | | | | | | | $ | (5,752) | | | $ | (3,245) | | | $ | (8,214) | | | $ | (5,474) | | | | | | | | | | | | | | | | | | Miscellaneous | | | | | | | | (818) | | | (1,014) | | | (1,096) | | | (1,355) | | | Total other expense | | | | | | | | $ | (6,570) | | | $ | (4,259) | | | $ | (9,310) | | | $ | (6,829) | |
(a)Primarily relates to El Dorado investment activities. See Note 18. The following table provides detail of APS’s other income and other expense (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | | | | | | | 2026 | | 2025 | | 2026 | | 2025 | | Other income: | | | | | | | | | | | | | | | | Interest income | | | | | | | | $ | 1,757 | | | $ | 3,674 | | | $ | 4,277 | | | $ | 9,281 | | | | | | | | | | | | | | | | | | Miscellaneous | | | | | | | | 18 | | | — | | | 143 | | | 115 | | | Total other income | | | | | | | | $ | 1,775 | | | $ | 3,674 | | | $ | 4,420 | | | $ | 9,396 | | | Other expense: | | | | | | | | | | | | | | | | Non-operating costs | | | | | | | | $ | (4,951) | | | $ | (2,876) | | | $ | (7,341) | | | $ | (4,868) | | | | | | | | | | | | | | | | | | Miscellaneous | | | | | | | | (815) | | | (1,014) | | | (1,093) | | | (1,355) | | | Total other expense | | | | | | | | $ | (5,766) | | | $ | (3,890) | | | $ | (8,434) | | | $ | (6,223) | |
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